White Paper: Understanding Automotive Loan Charge-off Patterns Can Help Mitigate Lender Risk
Tags: Automotive, Automotive, Customer Management
Loan delinquency rates are one of the most important statistics to track in the automotive finance industry. If consumers are not repaying loans on time, it puts billions of dollars at risk. When high dollar volumes are at risk, it is a negative for everyone in the lending world, including consumers, automotive retailers and lenders themselves.